Answer to Question #243837 in English for Ntando

Question

You are a public relations manager of an organisation called Tshiwalandani. There is a public outcry because your organisation does not have a corporate communication strategy to deal with the effects of a drought in the country. As a public relation manager at Tshiwalandani you are commissioned by the board of directors to develop and implement a corporate strategy. Firstly follow the steps to show practically how you will formulate a corporate communication strategy

Answer 1

Corporate Strategy is a durable framework in its appearance, formulated to gain competitive benefits over other market participants while delivering both on customer and stakeholder.

Therefore, relating to my case, as a Public relations manager at Tshiwallandani, I will establish and implement a corporate strategy by following the following steps; allocating the resources in the form of labor and capital to maximize the value of the whole organization and enact the organizational design which involves ensuring the organization has the necessary corporate structure and related systems in place to generate maximum value amount. Moreover, I will establish portfolio management which monitors the form at which business units complement one another. Furthermore, I will put in place the strategic tradeoffs to balance the mode at which the organizational operations are conducted while managing risks that face the whole organization.